For the last several months a very strange thing began to work its way through the stock valuations at Tesla Motors. This April, Tesla Motors became the most valuable American automaker with a market capitalization exceeding that of General Motors. Many observers came to some rather different conclusions as to what propelled this astounding rise in market cap given actual production numbers, market penetration, capacities, available cash, debt and even U.S.Government subsidies, which were all factored in those conclusions.

Now in July, a few hard core realities are presenting another view of the Tesla business model and they are letting some air out of the high flying balloon as noted here;

I am not going to critique the Goldman Sachs report but only remind everyone not asleep, that there is much , much more to this story than the sudden rise and fall of Tesla Motors stock.

The real elephant in the room is the oil equation - the largest cash flow on Earth as factored in those account receivables for every major oil producing nation in the game. From Russia's sustained outputs to the rich Saudi and Iraqi wells, to the savaged Syrian land now coveted by brash Israeli dreams of their own pipelines supplying oil to Europe for endless cash flows, as America opens the Keystone pipelines to add to our own domestic revenues and looks to the CIA to further destabilize Venezuela for more oil to grab. Is it any wonder Rex Tillerson, the former Exxon/ Mobile CEO now runs the State Department for Trump?

Tesla Motors is an insignificant shell game for big oil, a mere 10 year old infant whose accommodation is to perpetuate the advanced energy technology myth President Trump swooned over in his Inaugural Address and then summarily dismissed, the minute he left the podium.

In previous articles I have reiterated time and time again that there cannot and will not be a real breakthrough in energy technology until massive oil tax revenues are diverted into a major "Manhattan Project", led by the Federal Government with a consortium of industries comprising the sustained financial backing.

Meanwhile, those half ass attempts to electrify the auto industry will leave only small false steps in a world, war torn and tormented by oil's deadly stains . By incrementally engineering hybrid autos that still require the use gas in the electric vehicle or by creating all electric, plug in vehicles, that require the use of coal generated power plants or nuclear power plants to charge them every 200 miles, we are going absolutely nowhere.

Instead of mighty leaps that take mankind into the bright future we cry out for, we are left with another manipulated lie, propped up by an elaborate illusion of hoaxed grandeur.